FMJ Facilities Management magazine providing industry-specific intelligence to FM and property professionals
VINCI Construction has announced an agreement to acquire UK public works company, FM Conway Limited.
Based in Sevenoaks, Kent, FM Conway was founded in 1961 by Francis Michael Conway, and is owned by the Conway family. The company’s expertise encompasses roadworks, civil engineering, asphalt and binders’ production as well as a range of specialist businesses (water and drainage management, lighting, cabling and traffic management).
FM Conway operates across England, with a particular focus on the south-east of the country. The business’ annual revenue for 2024 is reported to be about €690 million (£580 million), generated by 2,000 employees.
The completion of the transaction is subject to any necessary regulatory approvals and is expected early 2025. The integration of FM Conway will strengthen VINCI Construction’s position in the very dynamic south-east England market.
In 2023, the VINCI Group generated a total revenue of almost €6 billion in the UK through its three business lines (concessions, energy and construction) and employed around 13,000 people.
